Renault to Make Electric Vans for Venture With Volvo, CMA CGM at French Plant
By Adria Calatayud
Renault said it plans to build a new generation of electric vans for its Flexis joint venture with Swedish truck maker Volvo and shipping company CMA CGM at its plant in Sandouville, France.
The French car maker said over the weekend that a total investment of 300 million euros ($322.3 million) is planned between now and 2026 to build the new generation of vehicles, and that 550 new hires are expected over the next four years.
Renault makes its Trafic vans at the Sandouville site.
Write to Adria Calatayud at adria.calatayud@wsj.com
(END) Dow Jones Newswires
April 02, 2024 01:58 ET (05:58 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
Markets Brief: Tech Stocks Lead Ahead of Nvidia Earnings
-
How Anti-Obesity Drugs Are Innovating the Healthcare Market
-
What’s Happening In the Markets This Week
-
Why Immigration Has Boosted Job Gains and the Economy
-
What to Invest in During High Inflation
-
Never Mind Market Efficiency: Are the Markets Sensible?
-
Starbucks Stock Could Use a Pick-Me-Up After Big Selloff; Is it a Buy?
-
5 Cheap Stocks to Buy From an Attractive Part of the Market
-
Should You Buy and Hold an Artificial Intelligence Portfolio?
-
3 Cheap and Dependable Dividend-Growth Stocks to Buy
-
The Best Bank Stocks to Buy
-
After Earnings, Is Roblox Stock a Buy, Sell, or Fairly Valued?
-
After Earnings, Is Lyft Stock a Buy, a Sell, or Fairly Valued?
-
8 Stock Picks in the Apparel Industry
-
Baidu Earnings: Advertising Weakness Offset by Continued Growth In Cloud Business
-
Going Into Earnings, Is Target Stock a Buy, a Sell, or Fairly Valued?